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Financial News Releases

  • 11/3/16 6:00 am EDT

    References in this announcement to “R” are to South African Rand and references to “U.S. Dollars” and “$” are to United States Dollars. Unless otherwise stated MiX Telematics has translated U.S. Dollar amounts from South African Rand at the exchange rate of R13.8630 per $1.00, which was the R/$ exchange rate reported by Oanda.com as at September 30, 2016.

    Second quarter and first half highlights:

    • Subscribers increased by 8% year over year, bringing the total to 585,000 subscribers at September 30, 2016
    • Second quarter subscription revenue of R301 million ($22 million), grew 6% year over year
    • Second quarter operating profit of R26 million ($2 million), representing a 7% margin
    • Second quarter Adjusted EBITDA of R66 million ($5 million), representing an 18% Adjusted EBITDA margin
    • First half subscription revenue of R608 million ($44 million), grew 9% year over year
    • First half operating profit of R49 million ($4 million), representing a 7% margin
    • First half Adjusted EBITDA of R127 million ($9 million), representing a 17% Adjusted EBITDA margin
    MIDRAND, South Africa--(BUSINESS WIRE)--MiX Telematics Limited (NYSE:MIXT, JSE:MIX), a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS), today announced financial results for its second quarter and first half of fiscal 2017, which ended September 30, 2016. “Our second quarter results were highlighted by improved activity from energy sector customers late in the quarter, as well as ongoing momentum in somemore...
  • 10/13/16 9:00 am EDT
    MIDRAND, South Africa--(BUSINESS WIRE)--MiX Telematics Limited (NYSE: MIXT and JSE: MIX), a leading global provider of fleet and mobile asset management solutions, today announced it will report its second quarter fiscal 2017 results for the period ended September 30, 2016 before the U.S. financial markets open on Thursday, November 3, 2016. MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. (Eastern Daylight Time) and 2:00 p.m. (Southmore...
  • 10/3/16 9:00 am EDT
    MIDRAND, South Africa--(BUSINESS WIRE)--MiX Telematics Limited (NYSE:MIXT, JSE:MIX), a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS), today announced that Mr. Robin Frew has been appointed Chairman of the Board, effective 3 October 2016. Mr. Frew is a founding shareholder and has been a director of MiX Telematics since inception in 1996. Mr. Frew currently represents the largest shareholder in the company andmore...
  • 8/29/16 4:15 pm EDT
    MIDRAND, South Africa--(BUSINESS WIRE)--MiX Telematics Limited (NYSE: MIXT and JSE: MIX), a leading global provider of fleet and mobile asset management solutions, announced that an Analyst and Investor Day will be held in conjunction with the CTIA Super Mobility 2016 Show in Las Vegas, Nevada. The Analyst and Investor Day is scheduled for Thursday, September 8, 2016 at 2:00 p.m. Pacific Time and will be available live via webcast. An archive of the presentation will bemore...
  • 8/18/16 11:30 am EDT
    MIDRAND, South Africa--(BUSINESS WIRE)--Shareholders are referred to the announcements released on SENS wherein shareholders were advised that MiX had undertaken a specific repurchase of all 200 828 260 MiX shares held by Imperial Corporate Services Proprietary Limited for an aggregate repurchase consideration of R473 954 694 (“the repurchase”), as approved by shareholders at the general meeting held on 1 August 2016, and are advised that all the conditions precedent have beenmore...